Arvind Ltd.

NSE: ARVIND | BSE: 500101 | ISIN: INE034A01011 | Industry: Textiles
| Mid-range Performer

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Arvind Ltd.
17 May 2017
312.65
4.58%
Axis Direct
Arvind's Brands& Retail division's strong performance in Q4 (22% YoY rev growth; EBITDA margin doubled to 7%) was offset by muted performance by the Textile division (EBITDA margin declined 260 bps).FY17 EBITDA (flat YoY at Rs 9.4 bn) was impacted due to higher investments in online business.
Arvind Ltd. is trading above its 30 day SMA of 299.8
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